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    For Sale (51)

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    Residential Lot Ready For Building
    $79,000
    0.22 Acres

    Residential Lot Ready For Building

    Cleared residential lot suitable for building in Sherman, Texas.

    714 N Walnut St, Sherman, TX 75090
    View details
    Denison Duplex: Investment Opportunity
    $395,000
    0.17 Acres

    Denison Duplex: Investment Opportunity

    Two-unit duplex near downtown Denison, offering income potential.

    312 E Day St, Denison, TX 75021
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    Telephone, TX Unimproved Land
    $74,900
    5.17 Acres

    Telephone, TX Unimproved Land

    5.17 acre tract suitable for residential development and hobby farming.

    3 County Road 2130, Telephone, TX 75488
    View details
    27 Acres of Unimproved Land
    $312,500
    27.16 Acres

    27 Acres of Unimproved Land

    27.158 acres in Hunt County with Ag Exemption in place.

    Tbd Cr-4617, Wolfe City, TX 75496
    View details
    Waxahachie Buildable Land with Views
    $399,900
    10.26 Acres

    Waxahachie Buildable Land with Views

    10.26 acres with barn near Waxahachie's historic downtown.

    Alysa Ln, Waxahachie, TX 75167
    View details
    Land Near Lake Texoma Marina
    $49,000
    0.24 Acres

    Land Near Lake Texoma Marina

    Residential lot near Lake Texoma, suitable for summer home.

    115 Barrington Cir, Gordonville, TX 76245
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    Land Near Jack Nicklaus Golf
    $60,900
    0.16 Acres

    Land Near Jack Nicklaus Golf

    Land for dream home in Rock Creek Resort near Lake Texoma.

    Tbd Annadale Ln, Gordonville, TX 76245
    View details
    Sherman Commercial Property For Sale
    $300,000
    0.34 Acres

    Sherman Commercial Property For Sale

    Commercial property in downtown Sherman, Texas, suitable for various businesses.

    825 N Crockett St, Sherman, TX 75090
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    Residential Land in Clarksville, TX
    Contact for pricing
    0.23 Acres

    Residential Land in Clarksville, TX

    Residential zoned land near downtown Clarksville, TX. Value in the land.

    306 Stacey Dillard St, Clarksville, TX 75426
    View details
    Pottsboro Land Near Lake Texoma
    $119,999
    0.68 Acres

    Pottsboro Land Near Lake Texoma

    Cleared 0.68-acre lot near Lake Texoma, build-ready.

    Tbd Rdg Rd, Pottsboro, TX 75076
    View details
    Bonham, TX Unimproved Land
    $112,000
    1.44 Acres

    Bonham, TX Unimproved Land

    1.44 acres of land zoned for local business.

    808 E 3Rd St, Bonham, TX 75418
    View details
    87 Acres Investment Opportunity
    $2,350,000
    87.26 Acres

    87 Acres Investment Opportunity

    87+ acres in Grayson County near major developments.

    87 Acres Reynolds Ln, Sherman, TX 75092
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    Denison, TX Unimproved Land
    $49,900
    0.26 Acres

    Denison, TX Unimproved Land

    Residential land in established Denison neighborhood, utilities on site.

    2108 Turtlecreek, Denison, TX 75020
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    81.63 Acres Near Wildlife Refuge
    $4,000,000
    81.63 Acres

    81.63 Acres Near Wildlife Refuge

    81.63-acre property near Hagerman Wildlife Refuge, ideal for hunting.

    Tbd Bennett Ln, Sherman, TX 75092
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    Sherman, TX Unimproved Land
    $175,000
    3.25 Acres

    Sherman, TX Unimproved Land

    3.254 acre property ready for your dream home!

    1 Klas Rd, Sherman, TX 75092
    View details
    Commercial Space Near Medical Hub
    $299,900
    0.15 Acres

    Commercial Space Near Medical Hub

    Versatile commercial building ideal for healthcare or professional services.

    503 Lipscomb St, Bonham, TX 75418
    View details
    Picturesque Land Near Lake Ray
    $165,000
    3.00 Acres

    Picturesque Land Near Lake Ray

    3-acre property near Lake Ray Roberts, perfect for custom home.

    000 County Road 237, Gainesville, TX 76240
    View details
    195.55 Acres of Unimproved Land
    $5,200,000
    195.55 Acres

    195.55 Acres of Unimproved Land

    Large tract of land with highway frontage and growth potential.

    Tbd 195.55 Acres State Hwy 56, Southmayd, TX 76268
    View details
    New Construction Office/Warehouse Space
    $2,100,000
    0.87 Acres

    New Construction Office/Warehouse Space

    New construction office and warehouse space in high-traffic area.

    2309 A Gallagher Dr, Sherman, TX 75090
    View details
    Denison Land Close to Downtown
    $38,000
    0.17 Acres

    Denison Land Close to Downtown

    Prime lot for new construction near historic downtown Denison.

    W Texas St, Denison, TX 75020
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    Texas Luxury Estate on Acres
    $1,300,000
    3,208 SF

    Texas Luxury Estate on Acres

    Luxury estate with open space, pool, and workshop.

    1420 W Shepherd Dr, Sherman, TX 75092
    View details
    Whitesboro Land Ready For Development
    $2,090,937
    33.46 Acres

    Whitesboro Land Ready For Development

    33.455 acres of R-1 zoned land in Whitesboro, TX.

    Tbd Hwy 377 E, Whitesboro, TX 76273
    View details
    Land Near Golf Course
    $45,000
    0.17 Acres

    Land Near Golf Course

    Residential lot near golf course in Rock Creek Resort.

    137 Angel Hl Rd, Gordonville, TX 76245
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    Sherman, TX Unimproved Land
    $1,978,290
    10.00 Acres

    Sherman, TX Unimproved Land

    24 residential lots ready for new home construction in Sherman, TX.

    1-24 Laurel Creek Dr, Sherman, TX 75092
    View details
    Land in Rock Creek Resort
    Contact for pricing
    0.17 Acres

    Land in Rock Creek Resort

    Residential lot in Rock Creek Resort near Lake Texoma.

    173 Sailfish Pt Dr, Gordonville, TX 76245
    View details
    Historic Cotton Gin in Gober
    $250,000
    3.35 Acres

    Historic Cotton Gin in Gober

    Unique historic property with potential for various ventures in Gober.

    4571 Fm 68, Gober, TX 75443
    View details
    Residential Lots in Whitewright, TX
    $155,000
    2.00 Acres

    Residential Lots in Whitewright, TX

    Two build-ready residential lots with utilities in Whitewright, TX.

    3 Mccartney Way, Whitewright, TX 75491
    View details
    Residential Lot in Developed Neighborhood
    $39,900
    0.27 Acres

    Residential Lot in Developed Neighborhood

    Spacious lot in Denison, TX, ideal for building your dream home.

    603 W Star St, Denison, TX 75020
    View details
    Land For Sale Sherman, TX
    $129,000
    0.46 Acres

    Land For Sale Sherman, TX

    Unimproved land with frontage along highway 75 in Sherman.

    Tbd Sam Rayburn S, Sherman, TX 75090
    View details
    Texas Ranch Living Awaits
    $2,499,000
    68.25 Acres

    Texas Ranch Living Awaits

    68.245-acre property perfect for a ranch estate or development.

    1470 Preston Rd, Denison, TX 75020
    View details
    Residential Lot Near Elementary School
    $54,000
    0.24 Acres

    Residential Lot Near Elementary School

    Residential lot in Sherman, TX, near school and park.

    484 S Dewey Ave, Sherman, TX 75090
    View details
    5 Acres Ready to Build
    $200,000
    5.00 Acres

    5 Acres Ready to Build

    5 acres in Denison, TX, ready for development.

    Tbd Cleve Cole Rd, Denison, TX 75021
    View details
    Tioga Land with FM 121 Frontage
    $1,200,000
    9.94 Acres

    Tioga Land with FM 121 Frontage

    9.936 acre corner lot near upcoming tollway expansion.

    99 Calk Rd, Tioga, TX 76271
    View details
    Unimproved Land in Howe, Texas
    $109,000
    1.51 Acres

    Unimproved Land in Howe, Texas

    1.51 acres of flat land ready for building outside city limits.

    Tbd Swindle Rd, Howe, TX 75459
    View details
    Residential Land in Sherman, TX
    $120,000
    2.00 Acres

    Residential Land in Sherman, TX

    Two acre residential lot ready for new home construction.

    Tbd Snap Rd, Sherman, TX 75090
    View details
    Lake Texoma Vacant Land Opportunity
    $129,000
    0.70 Acres

    Lake Texoma Vacant Land Opportunity

    Two adjacent lots near Lake Texoma with lake access.

    37 Hanna Cove Dr, Denison, TX 75020
    View details
    Sherman, TX Land Opportunity
    $200,000
    3.17 Acres

    Sherman, TX Land Opportunity

    3.168 acres of land in Sherman, TX for sale.

    Tbd 1 St, Sherman, TX 75090
    View details
    Residential Land in Bonham, TX
    $34,900
    0.13 Acres

    Residential Land in Bonham, TX

    Corner lot near downtown Bonham, ideal for single-family residence.

    1913 N Main St, Bonham, TX 75418
    View details
    Savoy, TX Unimproved Land
    $275,000
    11.11 Acres

    Savoy, TX Unimproved Land

    11.1 acres of serene country living with owner financing.

    2190 County Road 1215, Savoy, TX 75479
    View details
    Land Near Lake Texoma
    $55,000
    0.41 Acres

    Land Near Lake Texoma

    Unimproved land near Lake Texoma in Pottsboro, Texas.

    Tbd Lucky 13 Rd, Pottsboro, TX 75076
    View details
    Commercial Land in Booming Wylie
    $499,999
    1.35 Acres

    Commercial Land in Booming Wylie

    Large commercial lot suitable for various business applications.

    3060 Skyview Dr, Wylie, TX 75098
    View details
    Granbury Estate with Brazos Riverfront
    $2,250,000
    6,105 SF

    Granbury Estate with Brazos Riverfront

    56+ acre Granbury estate with river access and Mediterranean-inspired residence.

    4270 Mambrino Hwy, Granbury, TX 76048
    View details
    53.3 Acres of Unimproved Land
    $4,423,900
    53.30 Acres

    53.3 Acres of Unimproved Land

    53.3 acres of land in Gunter, TX, between Hwy 289 and Hwy 75.

    3182 Lovers Leap Ln, Gunter, TX 75058
    View details
    4-Acre Commercial Land in Paris
    $55,000
    4.06 Acres

    4-Acre Commercial Land in Paris

    Versatile 4-acre tract ideal for commercial or utility-based uses.

    00 Rd 22700 Rd, Paris, TX 75460
    View details
    New Construction Office/Warehouse Space
    $2,100,000
    7,500 SF

    New Construction Office/Warehouse Space

    7500 sq ft new construction office/warehouse in Sherman, TX.

    2309 A Gallagher Dr, Sherman, TX 75090
    View details
    Development Opportunity in Addison, Illinois
    $1,825,000
    4 SF

    Development Opportunity in Addison, Illinois

    4.51-acre site ready for redevelopment in DuPage County.

    848 North Mill Rd, Addison, IL 60101
    View details
    Commercial Space Near Medical Hub
    $299,900

    Commercial Space Near Medical Hub

    Versatile commercial building ideal for healthcare or professional services.

    503 Lipscomb St, Bonham, TX 75418
    View details
    Affordable Lot in North Denison
    Contact for pricing

    Affordable Lot in North Denison

    Affordable land opportunity in north Denison, Texas.

    721 W Parnell St, Denison, TX 75020
    View details
    53.3 Acres Between Two Highways
    $4,423,900
    2,321,748 SF

    53.3 Acres Between Two Highways

    Unzoned 53.3-acre tract with utilities between Hwy 289 and Hwy 75.

    3182 Lovers Leap Ln, Gunter, TX 75058
    View details
    Commercial Lot in Booming Wylie
    $499,999
    58,675 SF

    Commercial Lot in Booming Wylie

    Large commercial lot suitable for various business applications.

    3060 Skyview Dr, Wylie, TX 75098
    View details
    Land on Preston Road
    $2,499,000

    Land on Preston Road

    Land available on Preston Road in Denison, Texas.

    1470 Preston Rd, Denison, TX 75020
    View details

    For Lease (5)

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    Retail Space on Heritage Parkway
    $30 SF/Yr
    8,665 SF

    Retail Space on Heritage Parkway

    New retail building with high visibility in growing Sherman corridor.

    Tbd Heritage Pkwy, Sherman, TX 75092
    View details
    Denison Office/Retail Space For Lease
    $1,500 / Mo
    6,490 SF

    Denison Office/Retail Space For Lease

    Updated office/retail space in Denison's vibrant downtown area.

    205 W Gandy St, Denison, TX 75020
    View details
    Spacious Office Space on FM 121
    $1,995 / Mo
    11,326 SF

    Spacious Office Space on FM 121

    Office space with parking on FM 121, Van Alstyne.

    14071 Farm To Market 121, Van Alstyne, TX 75495
    View details
    Sherman Warehouse with Loading Dock
    $3,500 / Mo
    28,706 SF

    Sherman Warehouse with Loading Dock

    5,000 sq ft warehouse suitable for various business uses.

    1024 S First St, Sherman, TX 75090
    View details
    Versatile Pottsboro Commercial Sublease Opportunity
    $750 / Mo
    841 SF

    Versatile Pottsboro Commercial Sublease Opportunity

    Spacious, flexible commercial space suitable for diverse business or creative uses.

    680 Fm 120, Pottsboro, TX 75076
    View details

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    Paragon Realtors
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Paragon Realtors
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